Donald Trump, the bombastic billionaire reality TV star and real estate mogul, sounded more like a raging socialist than the GOP presidential candidate frontrunner during a campaign stop in Iowa.
In a seeming attempt to out-socialist avowed wild-eyed socialist Bernie Sanders, who is running for the Democrat nomination for the presidency, Trump pledged to tax Wall Street as he talked about a severe stock market sell-off.
Trump, who has defended his high dollar donations to Democrats as just being part of being in business, attempted to sow seeds of fear in the over 700 attendees at a campaign rally in Ottumwa, Iowa. In talking about the country’s debt, Trump said, “There’s a bubble. You see the stock market is starting to, you know, see what’s going on. It’s starting to have some very bad weeks and some very bad numbers.”
Donald Trump’s words came after a week in which the S&P fell six percent, which represents the largest slide at the beginning of a year in the last five years.
Parroting socialist Bernie Sanders, Trump vowed to make Wall Street pay.
He ramped up his pledge, saying, “I’m really good at that stuff. I know Wall Street. I know the people on Wall Street. We’re going to have the greatest negotiators of the world, but at the same time, I’m not going to let Wall Street get away with murder. Wall Street has caused tremendous problems for us. We’re going to tax Wall Street.”
Is this a sign of what would come out of a Trump presidency or is he simply saying what he thinks he needs to say to get elected, perhaps in an attempt to attract more progressive voters while alienating the Republican base. Regardless, this push by Trump to apply special taxation to Wall Street will have some asking if it’s too late for him to file to run as a Democrat, rather than as a Republican.